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Norway to keep searching for oil and gas, new centre-left government says

Norway will continue to explore for oil and gas in the next four years, with most new drilling permits to come in mature areas of the sea, the incoming centre-left government said on Wednesday. A minority coalition of the Labour Party and the rural Centre Party will take power on Thursday after defeating the Conservative-led government in last month’s election. “The Norwegian petroleum industry will be developed, not dismantled,” the two parties said in a joint policy document, adding that it will maintain the existing system of handing out exploration licences.

Source : yahoo

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